https://www.live-feeds.com/feed/healey-faces-35bn-budget-challenge-to-meet-spending-pledges-says-think-tankContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/healey-faces-35bn-budget-challenge-to-meet-spending-pledges-says-think-tankhttps://www.live-feeds.com/feed/healey-faces-35bn-budget-challenge-to-meet-spending-pledges-says-think-tank#u125540Fri, 16 Oct 2026 10:15:46 +0000Chancellor John Healey faces a £35bn Budget challenge in his upcoming maiden fiscal address to avoid public spending cuts while meeting defence and health promises. According to the Institute for Fiscal Studies, high inflation acts as the primary challenge by eroding government department budgets. Experts warn that a steady approach is unviable, requiring billions in top-ups or service cuts. Additional warnings indicate that an ongoing conflict in Iran further threatens these financial plans as the government enters the final straight toward the October 28 deadline.Why it mattersThe upcoming f